W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Oklahoma Sen. James Lankford introduces a bill to prevent marijuana businesses from deducting business expenses from their ...

Republicans are looking to cut or eliminate nearly a dozen student loan and federal aid programs administered by the ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

House Republicans remain at loggerheads over core fundamental tax-and-spending issues as they try to build a single, large fiscal package in the coming months that would extend expiring tax cuts and ...

FTO has instructed the FBR to investigate a telecom company for allegedly issuing incorrect tax deduction certificates.

As part of NJBIZ’s latest virtual discussion, business leaders in New Jersey weighed in on what to expect in the first 100 ...

There are also various tax credits, deductions and benefits available to you to reduce ... is calculated in the same way as your federal income tax.

Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).